Warren Buffett’s BofA ‘Dump-A-Thon’ Grows By Another 19 Million Shares Billionaire investor Warren Buffett’s Berkshire Hathaway has been offloading tens of millions of shares of Bank of America in the last several weeks. Since we first detailed the selling on Tuesday, Buffett’s firm has dumped millions more. Let’s begin with the note on Tuesday titled “Buffett Disposes 71 Million BofA Shares As Berkshire’s Cash Stockpile Rises.” By the end of the week, new data from Bloomberg shows Berkshire sold a further 19.2 million BofA shares. Since the selling first began in mid-July, Berkshire has unloaded 90 million BofA shares, mostly above the $40 handle. As of… — Continue at ZeroHedge News : Read More
Home » Warren Buffett’s BofA ‘Dump-A-Thon’ Grows By Another 19 Million Shares – Tyler Durden